Griffon closes AMES Australasia joint venture, retains 49% stake

Reuters2026/08/03 12:02

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Griffon closed a joint venture for its AMES Australasia business with a management-led investment group backed by Australian financial investors.
Transaction proceeds included USD 181 million cash, a USD 49 million paid-in-kind note receivable, a 49% equity stake in the venture.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Griffon Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20260803271787) on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Griffon closes AMES Australasia joint venture, retains 49% stake

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